ETLX.DE vs. SXRW.DE
ETLX.DE (L&G Gold Mining UCITS ETF) and SXRW.DE (iShares Core FTSE 100 UCITS ETF GBP (Acc)) are both exchange-traded funds - ETLX.DE is a Gold fund tracking the DAXglobal® Gold Miners, while SXRW.DE is a Europe Equities fund tracking the FTSE 100. Both are passively managed. Over the past 10 years, ETLX.DE returned 11.24%/yr vs 8.45%/yr for SXRW.DE. At a 0.19 correlation, their price movements are largely independent. ETLX.DE charges 0.65%/yr vs 0.07%/yr for SXRW.DE.
Performance
ETLX.DE vs. SXRW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ETLX.DE achieves a -17.69% return, which is significantly lower than SXRW.DE's 11.21% return. Over the past 10 years, ETLX.DE has outperformed SXRW.DE with an annualized return of 11.24%, while SXRW.DE has yielded a comparatively lower 8.45% annualized return.
ETLX.DE
- 1D
- -1.41%
- 1M
- -14.44%
- 6M
- -25.07%
- YTD
- -17.69%
- 1Y
- 45.65%
- 3Y*
- 37.92%
- 5Y*
- 22.00%
- 10Y*
- 11.24%
SXRW.DE
- 1D
- 0.06%
- 1M
- 4.10%
- 6M
- 7.30%
- YTD
- 11.21%
- 1Y
- 24.18%
- 3Y*
- 16.83%
- 5Y*
- 12.74%
- 10Y*
- 8.45%
ETLX.DE vs. SXRW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETLX.DE L&G Gold Mining UCITS ETF | -17.69% | 152.51% | 27.45% | 11.01% | -7.07% | -3.33% | 12.25% | 42.55% | -5.79% | -3.18% |
SXRW.DE iShares Core FTSE 100 UCITS ETF GBP (Acc) | 11.21% | 20.63% | 13.57% | 10.46% | -1.47% | 24.81% | -15.42% | 25.18% | -10.61% | 8.11% |
Correlation
The correlation between ETLX.DE and SXRW.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Aug 16, 2010 | 0.19 |
The correlation between ETLX.DE and SXRW.DE shifts across timeframes, from 0.19 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ETLX.DE vs. SXRW.DE — Risk / Return Rank
ETLX.DE
SXRW.DE
ETLX.DE vs. SXRW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Gold Mining UCITS ETF (ETLX.DE) and iShares Core FTSE 100 UCITS ETF GBP (Acc) (SXRW.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ETLX.DE | SXRW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.00 | ||
| Sortino ratioReturn per unit of downside risk | -1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.36 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 3.03 | -1.77 |
| Martin ratioReturn relative to average drawdown | 2.92 | 11.09 | -8.16 |
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Drawdowns
ETLX.DE vs. SXRW.DE - Drawdown Comparison
The maximum ETLX.DE drawdown since its inception was -73.44%, which is greater than SXRW.DE's maximum drawdown of -40.31%. Use the drawdown chart below to compare losses from any high point for ETLX.DE and SXRW.DE.
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Drawdown Indicators
| ETLX.DE | SXRW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.44% | -40.31% | -33.13% |
Max Drawdown (1Y)Largest decline over 1 year | -36.57% | -7.91% | -28.66% |
Max Drawdown (3Y)Largest decline over 3 years | -36.57% | -16.86% | -19.71% |
Max Drawdown (5Y)Largest decline over 5 years | -42.01% | -16.86% | -25.15% |
Max Drawdown (10Y)Largest decline over 10 years | -47.06% | -40.31% | -6.75% |
Current DrawdownCurrent decline from peak | -36.57% | -0.27% | -36.30% |
Average DrawdownAverage peak-to-trough decline | -34.38% | -5.99% | -28.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.71% | 2.16% | +13.55% |
Volatility
ETLX.DE vs. SXRW.DE - Volatility Comparison
L&G Gold Mining UCITS ETF (ETLX.DE) has a higher volatility of 13.74% compared to iShares Core FTSE 100 UCITS ETF GBP (Acc) (SXRW.DE) at 3.02%. This indicates that ETLX.DE's price experiences larger fluctuations and is considered to be riskier than SXRW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETLX.DE | SXRW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.74% | 3.02% | +10.72% |
Volatility (6M)Calculated over the trailing 6-month period | 37.76% | 10.38% | +27.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.26% | 12.34% | +35.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.80% | 14.06% | +22.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.09% | 16.31% | +17.78% |
ETLX.DE vs. SXRW.DE - Expense Ratio Comparison
ETLX.DE has a 0.65% expense ratio, which is higher than SXRW.DE's 0.07% expense ratio.
Dividends
ETLX.DE vs. SXRW.DE - Dividend Comparison
Neither ETLX.DE nor SXRW.DE has paid dividends to shareholders.
Frequently Asked Questions
ETLX.DE and SXRW.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SXRW.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXRW.DE is cheaper with a 0.07% expense ratio, compared with 0.65% for ETLX.DE.
ETLX.DE is categorized as Gold, while SXRW.DE is Europe Equities. ETLX.DE tracks DAXglobal® Gold Miners, while SXRW.DE tracks FTSE 100. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.65% for ETLX.DE and 0.07% for SXRW.DE.
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